Al Batinah Co. is considering purchasing a new building for its administration. The new building will require an initial investment of OMR 650,000. The after-tax cash inflows are: OMR 300,000 (year 1), OMR 450,000 (year 2), OMR 500,000 (year 3), and OMR 575,000 (year 4). Additional info: a. Net Present Value (NPV) assume that the required rate of return is 15%. b. Payback Period (PBP)-assume that management expects to recover its initial investment in 3 years. The Payback Period (PBP) is: Select one: a. None of the answers are correct b. 2.33 c. 1.82 d. 1.65 e. 1.77 moodle.asu.edu.om/mod/quiz/summary.php?attempt 130068&cmid=62428